#ExploringMining #Podcast Episode 92 – #Mining #Stocks News from (NYSE American: $SILV) (NYSE: $CDE) (NYSE: $IAG) (TSXV: $DEC.V)

#ExploringMining #Podcast Episode 92 – #Mining #Stocks News from (NYSE American: $SILV) (NYSE: $CDE) (NYSE: $IAG) (TSXV: $DEC.V)

 

Point Roberts WA, Delta BC, August 13, 2020 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE  companies plus interviews with CEO's and leading experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2020/081320-Mining.mp3

 

Read this in full at https://www.investorideas.com/news/2020/exploring-mining/08131SILV-CDE-IAG-DEC.asp

 

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SilverCrest Metals Inc. (NYSE American:SILV) (TSX:SIL) has announced additional drill results for the Babi Vista Vein at its Las Chispas Property in Sonora, Mexico. The results pertain to 48 holes – combined with 76 previously announced holes making for a total of 124 holes – which demonstrate high-grade continuity and a developing high-grade zone. SilverCrest CEO Eric Fier commented:

 

“After a few months shutdown due to COVID-19, we restarted in late May with 8 drills focusing on in-fill and expansion of high-grade mineralization on the Babi Vista Vein. Drill results to date have been better than expected with 25 holes out of 124 holes showing grades greater than 2,500 gpt AgEq with good continuity. Since intercepting Babi Vista while driving the Santa Rosa decline, we have systematically drill tested this vein which, although narrow, is believed to be the most continuous with respect to multi-kilogram per tonne AgEq intercepts for a vein to date on the Property. We have only partially drill-tested a strike length of 800 metres of Babi Vista, which may have an overall length of approximately 2,000 metres based on historic surface workings along the projected strike of the vein. For the remaining part of the year, we plan to continue drilling with 8 to 12 drills on Babi Vista and Babicanora Vein northwest extension. We expect a steady flow of exploration drill results for the rest of the year.”

 

Coeur Mining, Inc. (NYSE:CDE) has provided an update on its 2020 exploration program, the largest in the company’s history. The following comments from Hans J. Rasmussen, Coeur’s Senior Vice President of Exploration, provide an outline of the highlights from the update:

 

"This has been a very exciting year for Coeur’s exploration programs and one of the best first halves of drilling results in the Company’s history. We have identified several prospective areas over the past few years to build our inventory of drill-ready targets. We significantly increased our investment in exploration to test these targets in 2020, seeking to provide stockholders with upside exposure to new potential discoveries and mine life extensions at our existing operations. We are now seeing results that validate our investment rationale, including the new C-Horst discovery in southern Nevada, which ties to our strategic objective of having a solid balance of near-, medium- and long-term, high-return organic growth opportunities. Importantly, over 70% of our exploration budget this year is focused on near-mine resource growth and new discoveries, with notable intercepts at each project we’ve drilled. These are the first steps in our efforts to add to our resource base and represent an opportunity for Coeur to meaningfully increase the size of its reserves over the next few years."

 

IAMGOLD Corporation (NYSE:IAG) has announced assay results from the 2020 drilling program completed at its Monster Lake joint venture project in Quebec, Canada. According to the press release, the project, on a 100 percent basis, hosts “a Mineral Resource comprising 1,109,700 tonnes of inferred resources averaging 12.14 grams of gold per tonne for 433,300 ounces of contained gold.” Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, said:

 

"The drilling program continues to intersect the targeted shear zones with further positive results from the Annie area. Our increasing understanding of the complex structural context has highlighted several discrete parallel shear zones hosting mineralization adjacent to the main known structural corridor. These results highlight the potential for the discovery of additional mineralized shoots along the Monster Lake structural corridor."

 

Decade Resources Ltd. (TSXV:DEC) has discovered a new zone just west of the LG vein at its Del Norte property. Called Eagles Nest, the new zone “consists of quartz veining with associated brecciation over widths that are up to 6 m,” according to the press release. Eagles Nest “has been traced for a minimum of 400m,” and the company “has sampled this new zone and samples are being shipped to the laboratory for analysis.”

 

 

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About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: SILV is a paid annual news and social media client on Investorideas.com More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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#Nanotech /#Water #Stocks news -American Premium Water Corp. (OTC: $HIPH) Strategic Investment and Distribution Deal with Singapore eDevelopment Limited Listed Stock (SGX:40V) and its subsidiary BioHealth Water; @AmericanPremium

#Nanotech /#Water #Stocks news -American Premium Water Corp. (OTC: $HIPH) Strategic Investment and Distribution Deal with Singapore eDevelopment Limited Listed Stock (SGX:40V) and its subsidiary BioHealth Water; @AmericanPremium

 

BioHealth Water has acquired 9.99% of the total issued and paid-up stock capital of the Company, as well as both exclusive international distribution rights and non-exclusive domestic distribution rights for the Company’s products

 

PLAYA VISTA, CA – August 13, 2020 (Investorideas.com Newswire) In case you missed it- Water /nanotech stocks news: American Premium Water Corporation (OTC: HIPH) (the "Company") reported  it has entered into an investment and distribution agreement with BioHealth Water Inc. , a newly formed wholly owned subsidiary of Singapore eDevelopment Limited (SGX:40V). BioHealth Water has acquired 9.99% of the total issued and paid-up stock capital of the Company, as well as both exclusive international distribution rights and non-exclusive domestic distribution rights for the Company’s products. BioHealth Water will focus on distributing the Company’s aerosolized sanitizing machines throughout hospitals and hotels, as well as focusing on distributing to businesses affected by the pandemic. The Company will also develop and launch two new products using its proprietary Hydro Nano technology.

 

Read this news featuring HIPH in full at https://www.investorideas.com/news/2020/water/08131OTCHIPH-Singapore-eDevelopment-Limited.asp

 

Ryan Fishoff, CEO of American Premium Water, commented, "I am excited to announce the investment and partnership agreement with BioHealth Water. This is a monumental deal for the company, as it solidifies the beginning of a partnership for American Premium Water that will execute many of the strategic initiatives that I established at the beginning of the year. I have always believed that our proprietary Hydro Nano technology is a unique and undervalued asset that the company possesses, and I believe that this transaction validates the power of this technology."

 

The Company announced in April that it developed a prototype of an aerosolized sanitizing machine using its proprietary Hydro Nano technology. In addition to this device, American Premium Water will be producing two new proprietary products utilizing its Hydro-Nano technology: Nano Energy Water, which creates natural energy by increasing blood flow upon ingestion, and Nitrous Oxide Energy Shots, a natural alternative to caffeine, which stimulates the blood vessels to expand, resulting in increased blood flow and stimulation after ingestion. Both products are expected to be released this year.

 

Chan Heng Fai, Chairman and CEO of Singapore eDevelopment, commented, "I am very excited to partner with American Premium Water and its management team. American Premium Water has extraordinary technology that can create products with real impact. I look forward to working with Ryan and his team to create many new products utilizing their technology to be sold across our HWH global distribution network (www.hwhworld.com). Right away I see a lot of opportunity with the sanitizing machine. There are so many small businesses that need a product to help bring back a sense of normalcy, especially to restaurants, stores, and other retail-based businesses. This agreement is the start of what I foresee to be a very prosperous relationship. I see a lot of potential growth for American Premium Water, and I believe with the help of our team we can make this another successful turnaround like other companies in which we have invested."

 

About American Premium Water Corp.

American Premium Water (OTC: HIPH) is a diversified luxury consumer products company focused on businesses in the health and beauty and biotech sectors. The company is focused on harnessing the powers of Nano technologies paired without cannabidiol (CBD) to treat health disorders and enhance quality of life. The company’s portfolio includes the LALPINA Hydro and LALPINA CBD brands (www.lalpinahydrocbd.com), Gents (www.gentsco.com), Vanexxe (www.vanexxe.com) plant + body essentials (www.plantbodyessentials.com).

 

About Singapore eDevelopment Limited

Incorporated on 9 September 2009 and listed on the Singapore Exchange in July 2010, Singapore eDevelopment Limited is involved in (i) property development and investments primarily in the United States and Western Australia; (ii) information technology-related businesses; (iii) development, research, testing, manufacturing, licensing and distribution of biomedical products; and (iv) investment activities. For more information on SeD visit www.sed.com.sg.

 

Safe Harbor Notice

Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). American Premium Water Corporation cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. American Premium Water Corporation undertakes no obligation to revise these statements following the date of this news release. Additional details of the Company's business can be found in its public disclosures as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.

 

This press release is issued on behalf of the Board of Directors of American Premium Water Corporation.

 

Investor Relations
888-983-0054
info@americanpremiumwater.com

 

Investorideas.com Paid news Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure : this news release featuring HIPH is a paid for news release on Investorideas.com https://www.investorideas.com/News-Upload/ More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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#Telecom / #Tech #Stocks for investors to Watch: iQSTEL (OTC: $IQST) FY Revenues Surpass $16M; @IQstel

#Telecom / #Tech #Stocks for investors to Watch: iQSTEL (OTC: $IQST) FY Revenues Surpass $16M; @IQstel

 

Q2 Net Income Exceeds $1.2 Million, a Year-Over-Year Increase of 90% and 362% Respectively

 

NEW YORK, NY -- 8/13/2020 - - (Investorideas.com Newswire) Breaking Tech/ Telecom Stock News-  iQSTEL (OTC: IQST), a leading-edge 21^st Century Enhanced Telecommunications Service Provider, continues with record breaking financials as the 2020 Q2 net income entrenches the company’s growth road-map with $1.2M+ in quarterly net income.

 

Read this news featuring IQST in full at https://www.investorideas.com/news/2020/technology/08131iQSTEL-FY-Revenues-Surpass.asp

 

The growth throughout the 1^st half of 2020 is a testament to the business and acquisition strategies put in place over the past few years. Combining key local and global agreements, iQSTEL continues to expand with year to date revenues reaching $16.1M, a significant increase from 2019’s year to date $8.4M. The 2020 Q2 net income surpassed 2019’s Q2 figure of ($484k) by 362%.

 

Mr. Iglesias commented “Our growth during 2020 has been phenomenal and is attributed to our focus on strong carrier agreements and strategic subsidiary acquisitions. While COVID-19 has significantly impacted the global economy, we have seen our revenues continue to increase as we facilitate connectivity across the telecom marketplace. The re-opening of various global economies has further increased these beyond expectations. Our subsidiaries shine as success stories, even at this early stage, as was seen in our recent release detailing their individual net income.”

 

Further details will be available in our 10-Q filing’s expected over next days.

 

About iQSTEL Inc.:
iQSTEL Inc (OTC: IQST) www.iQSTEL.com  is a US-based publicly listed company offering leading-edge 21st Century Enhanced Telecommunications Services with a focus on a wide range of cloud-based enhanced services to the Tier-1 and Tier-2 carriers, corporate, enterprise, as well as the retail market. iQSTEL through its subsidiaries Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, IoT Smart Gas Platform, itsBchain offers a "one-stop-shopping” for international and domestic VoIP services, IP-PBX services, SMS exchange for A2P and P2P, OmniChannel Marketing, Internet of Things (IoT) applications (IoT Smart Gas Platform), 4G & 5G international infrastructure connectivity, as well as blockchain-based platforms: Mobile Number Portability Application (MNPA) and Settlement & Payments Marketplace for VoIP, SMS and Data.

 

About Etelix.com USA, LLC:

Etelix.com USA LLC www.etelix.com is a wholly owned subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a Miami, Florida-based international telecom carrier founded in 2008 that provides telecom and technology solutions worldwide, with commercial presence in North America, Latin America, and Europe. Enabled by its 214-license granted by the Federal Communications Commission (FCC), Etelix provides International Long-Distance voice services for Telecommunications Operators (ILD Wholesale), and Submarine Fiber Optic Network capacity for internet (4G and 5G). Etelix was founded in 2008 and has been profitable since inception.

 

About SwissLink Carrier AG:

SwissLink Carrier AG www.swisslink-carrier.com is a 51% owned subsidiary of iQSTEL Inc. SwissLink Carrier AG is a Switzerland based international Telecommunications Carrier founded in 2015 providing international VoIP connectivity worldwide, with commercial presence in Europe, CIS and Latin America. SwissLink Carrier AG is a Swiss licensed Operator, having a domestic Interconnect with Swisscom, allowing their international Carrier Customers direct terminations via SwissLink into all Switzerland Fix & Mobile Networks. Since the takeover from Swissphone in November 2018 and the rename into SwissLink, they operate on a profitable level.

 

About QGlobal SMS LLC.:

QGlobal SMS LLC www.qglobalsms.com is a 51% owned subsidiary of iQSTEL Inc. QGlobal SMS is a USA based company and a commercial brand founded in 2020 specialized in international and domestic SMS termination, with emphasis on the Applications to Person (A2P) and Person to Person (P2P) for Wholesale Carrier Market and Corporate Market in US. QGlobal SMS has commercial presence in US, Mexico, Latin America, EMEA (Europe, Middle East, Asia) and Africa, through our SMS service providers based in Austin, TX and Miami, FL Our Austin-based SMS service provider is specialized in the SMS traffic exchange between US and Mexico, and our Miami-based SMS service provider is focused in the development of Latin America and the rest of the word. QGlobal SMS has robust international interconnection with Tier1 SMS Aggregators, guarantying its customers high quality and low termination rates, over more than 100 countries worldwide.

 

About Alcyon Cloud SMS S.A.S (Commercial Brand SMSDirectos.com ):

Alcyon Cloud SMS S.A.S. (Commercial Brand SMSDirectos.com), is a whole subsidiary of QGlobal SMS, a Colombian-based Application and Content Provider. Alcyon Cloud SMS (SMSDirectos.com) is registered with the Secretary of Information and Communication Technology (ICT) in Colombia, offering services to government, enterprises, small and medium business, as well as end-users. Using SMSDirectos’ existing network, they plan to expand services from SMS to offer omnichannel products and services such as: SMS, Emails, RCS (Rich Communications Services), Social Media Channels (Whats App, Messenger, etc), WebRTC (Web Real-Time Communication), VoIP (IP-PBX, SIP Trunking) ChatBots (Artificial Intelligence Based), SMS to Email, and Email to SMS.

 

About IoT Labs MX SAPI:

IoT Labs MX SAPI www.iotlabs.mx , a subsidiary of iQSTEL Inc, is an Internet of Things (IoT) Mexican technology development company, creator of the “IoT Smart Gas” Platform and Application. The IoT Smart Gas platform www.iotsmartgas.com consists of an IoT field device installed on the LP gas tank (adaptable to virtually any gas or liquid storage tank) and, thanks to the Internet of Things (IoT) technology via Sigfox or GSM network connectivity, allows remote managed and improved logistic processes of refilling, usage tracking and tank monitoring in real-time by the Smart Gas mobile app. The new GSM tracking feature allows for mobile use including ground, air, and sea tank monitoring.

 

About itsBchain LLC.:

itsBchain LLC www.itsBchain.com is a 75% owned subsidiary of iQSTEL Inc. itsBchain is a blockchain technology developer and solution provider, with a strong focus on the telecom sector.  The company is the final stage of development of a series of blockchain solutions aimed at using the blockchain ledger and smart contract solutions to enable more efficiency, quickness in execution and fraud-prevention in the telco industry.  Specifically, the company is developing a solution that will enable users and carriers to transfer mobile phone numbers with just a few clicks, allowing users and carriers the ability to transfer retail users from one mobile carrier to another instantly.  Additionally, the company is finalizing a carrier-grade marketplace solution to procure payments between carriers for cross-traffic of VoIP, SMS and data realtime as traffic is crossed between carriers.  This marketplace will allow for instant payment settlement as well as the prevention of fraud between carriers.

 

Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

 

iQSTEL Inc.

IR US Phone: 646-740-0907, IR Email: investors@iqstel.com

 

Source: iQSTEL Inc. and its subsidiaries:

www.iqstel.com ; www.etelix.com ; www.swisslink-carrier.com ; www.qglobalsms.com ; www.smsdirectos.com ; www.iotlabs.mx ; www.iotsmartgas.com ; www.itsBchain.com 

 

Investorideas.com Paid news Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure : this news release featuring iQSTEL Inc. (OTC: IQST) is a paid for news release on Investorideas.com  https://www.investorideas.com/News-Upload/

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/  and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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#Mining Stock News: #SilverCrest (TSX: $SIL.TO; NYSE: $SILV) Drilling Success Continues at Las Chispas, Babi Vista Vein Takes Centre Stage, New Record Drill Hole: 1.7 Metres Grading 635 gpt Au, 26,004 gpt Ag or 73,595 gpt AgEq; @SilverCrestMet

#Mining Stock News: #SilverCrest (TSX: $SIL.TO; NYSE: $SILV) Drilling Success Continues at Las Chispas, Babi Vista Vein Takes Centre Stage, New Record Drill Hole: 1.7 Metres Grading 635 gpt Au, 26,004 gpt Ag or 73,595 gpt AgEq; @SilverCrestMet

 

Vancouver, British Columbia - August 13, 2020 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSX: SIL.TO; NYSE American: SILV) ("SilverCrest" or the "Company") is pleased to announce additional drill results for the Babi Vista Vein ("Babi Vista") at its Las Chispas Property (the "Las Chispas" or the "Property") located in Sonora, Mexico. The current drill program on Babi Vista is designed to expand and in-fill high-grade precious metal mineralization to be included in the updated resource for the ongoing feasibility study (see attached Figures). New results released today are for 48 holes (see table below) combined with 76 previously announced holes totalling 124 holes (see news releases dated February 25, 2019, November 14, 2019, March 9, 2020 and May 12, 2020). The results today for Babi Vista demonstrate high-grade continuity and a developing high-grade zone similar to the adjacent Babicanora Vein (Area 51 zone), and Babicanora Norte Vein (Area 200 zone). These high-grade veins are near surface with underground development underway and are being considered for mining early in the mine life. The Babi Vista Vein was discovered in February 2019 and was intersected underground for confirmation in mid-2019 while developing the Santa Rosa decline to intersect the Babicanora Vein, Area 51 zone. Hole BV20-60 establishes a new grade-thickness record for the Property, returning 1.7 metres (intercept width) grading 634.56 grams per tonne ("gpt") gold ("Au") and 26,003.6 gpt silver ("Ag"), or 73,595 gpt silver-equivalent (125,111 gram-metres, "AgEq" based on assumptions defined in the table below). The previous record was Hole LC19-118 at 10.8 metres grading 7,873 gpt silver equivalent (85,028 gram-metres).

 

Read this news featuring SilverCrest in full at https://www.investorideas.com/CO/SILV/news/2020/08131Drilling-Success-Las-Chispas.asp

 

The expanded high-grade footprint for Babi Vista is estimated at 800 metres along strike by an average 150 metres in height. The weighted average (true width, uncut, undiluted) of these new results is 0.8 metres grading 58.25 gpt Au and 3,183.2 gpt Ag, or 7,552 gpt AgEq. The weighted average is dominated by hole BV20-60 and when excluding this hole, the weighted average is 0.8 metres grading 15.34 gpt Au and 1,507.7 gpt Ag, or 2,614 gpt AgEq. With a total of 177 holes (53 holes pending assays) drilled to date, at an approximate spacing of 35 metres, a majority of this mineralization is anticipated to be included as indicated resources for the upcoming updated resource estimation in the ongoing feasibility study. In addition to the Babi Vista Vein drill results, the newly defined Babi Vista Hangingwall ("HW") and Footwall ("FW") veins were also intersected with results presented in tables below. Both new veins (HW and FW) will be considered for inclusion in the upcoming resource estimation.

 

N. Eric Fier, CPG, P.Eng, and CEO, remarked, "After a few months shutdown due to COVID-19, we restarted in late May with 8 drills focusing on in-fill and expansion of high-grade mineralization on the Babi Vista Vein. Drill results to date have been better than expected with 25 holes out of 124 holes showing grades greater than 2,500 gpt AgEq with good continuity. Since intercepting Babi Vista while driving the Santa Rosa decline, we have systematically drill tested this vein which, although narrow, is believed to be the most continuous with respect to multi-kilogram per tonne AgEq intercepts for a vein to date on the Property. We have only partially drill-tested a strike length of 800 metres of Babi Vista, which may have an overall length of approximately 2,000 metres based on historic surface workings along the projected strike of the vein. For the remaining part of the year, we plan to continue drilling with 8 to 12 drills on Babi Vista and Babicanora Vein northwest extension. We expect a steady flow of exploration drill results for the rest of the year."

 

The most significant result for this release is Hole BV20-60, which intersected 1.3 metres (estimated true width) grading 634.56 gpt Au and 26,003.6 gpt Ag, or 73,595 gpt AgEq. Also noteworthy are holes BV20-53 at 4.4 metres grading 19.87 gpt Au and 2,995.9 gpt Ag, or 4,486 gpt AgEq and BV20-94 at 0.7 metres grading 85.40 gpt Au and 4,716 gpt Ag, or 11,121 gpt AgEq. The following table summarizes the most significant drill intercepts (uncut, undiluted) for this release;

 

Babi Vista Vein

Babi Vista HW Vein

Babi Vista FW Vein

Note: All numbers are rounded. Based on a cutoff grade of 150 gpt AgEq.

*AgEq based on 75 (Ag):1 (Au) calculated using long-term silver and gold prices of US$17 per ounce silver and US$1,225 per ounce gold, with average metallurgical recoveries of 90% silver and 95% gold.

**UBV defines underground drill hole.

 

All assays were completed by ALS Chemex in Hermosillo, Mexico, and North Vancouver, BC, Canada, and Bureau Veritas Inspectorate Ltd. in Hermosillo, Mexico.

 

Holes BV20-34, 44 to 45, 49, 54, 58, 59, 61, 63, 64, 67, 68, 70 to 72, 76, 79 7, 85, 88 to 89, 92 and UBV20-35 intersected veining but were below the Company's cutoff grade of 150 gpt AgEq. Holes BV20-80, 86 to 87, 90 to 91 and 93 to 136 have assays pending (see attached Figures).

 

While drilling for the Babi Vista Vein, several intercepts were made in unnamed veins, with the most significant results below:

·        BV20-51: 0.5 metre grading 17.5 gpt Au and 2,881.0 gpt Ag, or 4,194 gpt AgEq; and

·        BV20-83: 0.5 metres grading 4.64 gpt Au and 379.0 gpt Ag, or 727 gpt AgEq.

 

Further work is planned on these unnamed vein intercepts for possible new vein discoveries.

There are currently eight (8) surface core drills operating at Las Chispas. These drill rigs are completing further in-fill and known vein expansion holes for the Babi Vista Vein and Babicanora Vein to the northwest. Approximately 110 holes for 35,000 metres remain to be completed for 2020. An updated resource estimate is being completed along with the ongoing feasibility study expected in Q4, 2020, provided there are minimum disruptions due to COVID-19.

 

The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is N. Eric Fier, CPG, P.Eng, and CEO for SilverCrest, who has reviewed and approved its contents.

 

ABOUT SILVERCREST METALS INC.

SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company's current focus is on the high-grade, historic Las Chispas mining district in Sonora, Mexico. The Las Chispas Project consists of 28 mineral concessions, of which the Company has 100% ownership of where all the resources are located. SilverCrest is the first company to successfully drill-test the historic Las Chispas Property resulting in numerous high-grade precious metal discoveries. The Company is led by a proven management team in all aspects of the precious metal mining sector, including taking projects through discovery, finance, on time and on budget construction, and production.

 

FORWARD-LOOKING STATEMENTS

This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. These include, without limitation, statements with respect to: the strategic plans, timing and expectations for the Company's exploration and drilling programs of the Las Chispas Property, including updating the Company's resource model and preparing a feasibility study; information with respect to high grade areas and size of veins projected from underground sampling results and drilling results; and the accessibility of future mining at the Las Chispas Property. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: impact of the COVID-19 pandemic; the reliability of mineralization estimates, the conditions in general economic and financial markets; availability of skilled labour; timing and amount of expenditures related to rehabilitation and drilling programs; and effects of regulation by governmental agencies. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors including: uncertainty as to the impact and duration of the COVID-19 pandemic; the timing and content of work programs; results of exploration activities; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project cost overruns or unanticipated costs and expenses; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

 

N. Eric Fier, CPG, P.Eng
Chief Executive Officer
SilverCrest Metals Inc.

 

For Further Information:

SilverCrest Metals Inc.
Contact: Jacy Zerb, Investor Relations Manager
Telephone: +1 (604) 694-1730
Fax: +1 (604) 357-1313
Toll Free: 1-866-691-1730 (Canada & USA)
Email: info@silvercrestmetals.com
Website: www.silvercrestmetals.com
570 Granville Street, Suite 501
Vancouver, British Columbia V6C 3P1

 

 

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